$TRX /USDT – Potential Relief Bounce or More Downside? 🔥
Current Price: $0.2269 (-4.86%)
24H Range: Low $0.2251 – High $0.2403
Key Levels to Watch:
Immediate Support: $0.2250 (24H low)
Resistance Zone: $0.2290 – $0.2305
Breakout Zone: Above $0.2310 with bullish volume
Trade Setup – Caution Required
Entry: Wait for a breakout above $0.2305 with bullish momentum
Targets:
TP1: $0.2340
TP2: $0.2385
Stop Loss: Below $0.2240
Market Insight:
$TRX experienced a steep sell-off and is now showing signs of stabilization. This could be a dead cat bounce or base building for recovery — wait for confirmation.
Pro Tip: Look for bullish divergence on RSI or MACD in the 15M/1H to support a bounce thesis. Avoid chasing unless reclaim of $0.231 is clean and backed by volume.
Watching $TRX?
Hit follow and stay tuned for live updates when structure shifts or volatility returns.
$TRX
TRX
0.2266
-4.95%
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